Re: Custodian Services Agreement and Fund Accounting Services Agreement
Exhibit(g)(3)
State Street Bank and Trust Company
Channel Center
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▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Attn: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Vice President
| Re: | Custodian Services Agreement and Fund Accounting Services Agreement |
Ladies and Gentlemen:
Reference is made to that certain Custodian Services Agreement (as amended, the “Custodian Agreement”) and that certain Fund Accounting Services Agreement (as amended, the “Accounting Agreement”), each dated as of October 5, 2012 and each entered into by and between State Street Bank and Trust Company and each Fund on behalf of its Portfolios. Capitalized terms used herein without definition shall have the meanings given to them in the Agreements.
Please be advised that the undersigned Fund has established the following new portfolio (the “New Portfolio”):
▇▇▇▇ ▇▇▇▇▇ ETF Equity Trust
▇▇▇▇ ▇▇▇▇▇ International Low Volatility High Dividend ETF
In accordance with Section 12(d) of the Custodian Agreement and Section 12(c) of the Fund Accounting Agreement, the undersigned Fund hereby requests that your bank act as Custodian and Fund Accounting Agent for the New Portfolio under the terms of the Custodian Agreement and the Fund Accounting Agreement, respectively, which shall be “ETF Portfolios” under the terms and conditions of the Custodian Agreement, as modified by that certain letter dated as of November 20, 2015 solely with regard to the Fund and the ETF Portfolios
Attached as Exhibit A hereto is a replacement of “Exhibit A” to each Agreement, effective as of the date set forth below. The attached Exhibit A is marked to reflect the addition of the New Portfolio.
Except to the extent expressly set forth herein, this letter shall not be deemed to otherwise amend or modify any term of the Agreements. Please sign below to evidence your consent and agreement to the above.
[signature page follows]
| ▇▇▇▇ ▇▇▇▇▇ ETF EQUITY TRUST | ||
| By: |
| |
| Name: | ||
| Title: | ||
| Consented and Agreed to: | ||
| STATE STREET BANK AND TRUST COMPANY | ||
| By: |
| |
| Name: | ||
| Title: | ||
| Effective Date: , 2016 | ||
Exhibit A
▇▇▇▇ ▇▇▇▇▇ ETF Equity Trust
▇▇▇▇ ▇▇▇▇▇ Developed ex-US Diversified Core ETF
▇▇▇▇ ▇▇▇▇▇ International Low Volatility High Dividend ETF
▇▇▇▇ ▇▇▇▇▇ Emerging Markets Diversified Core ETF
▇▇▇▇ ▇▇▇▇▇ Low Volatility High Dividend ETF
▇▇▇▇ ▇▇▇▇▇ US Diversified Core ETF
▇▇▇▇ ▇▇▇▇▇ Partners Equity Trust
ClearBridge Aggressive Growth Fund
ClearBridge All Cap Value Fund
ClearBridge Appreciation Fund
ClearBridge Dividend Strategy Fund
ClearBridge Energy MLP & Infrastructure Fund
ClearBridge Global Health Care Innovations Fund
ClearBridge International Small Cap Fund
ClearBridge International Value Fund
ClearBridge Large Cap Growth Fund
ClearBridge Large Cap Value Fund
ClearBridge Mid Cap Core Fund
ClearBridge Mid Cap Growth Fund
ClearBridge Select Fund
ClearBridge Small Cap Growth Fund
ClearBridge Small Cap Value Fund
ClearBridge Sustainability Leaders Fund
ClearBridge Tactical Dividend Income Fund
Permal Alternative Core Fund
Permal Alternative Select Fund
QS Batterymarch Global Dividend Fund
QS Batterymarch Global Equity Fund
QS Batterymarch International Dividend Fund
QS Batterymarch S&P 500 Index Fund
QS Batterymarch U.S. Large Cap Equity Fund
QS ▇▇▇▇ ▇▇▇▇▇ Conservative Growth Fund
QS ▇▇▇▇ ▇▇▇▇▇ Defensive Growth Fund
QS ▇▇▇▇ ▇▇▇▇▇ Dynamic Multi-Strategy Fund
QS ▇▇▇▇ ▇▇▇▇▇ Growth Fund
QS ▇▇▇▇ ▇▇▇▇▇ Moderate Growth Fund
▇▇▇▇ ▇▇▇▇▇ Partners Income Trust
Western Asset Adjustable Rate Income Fund
Western Asset California Municipals Fund
Western Asset Corporate Bond Fund
Western Asset Emerging Markets Debt Fund
Western Asset Global High Yield Bond Fund
Western Asset Global Strategic Income Fund
Western Asset Intermediate Maturity California Municipals Fund
Western Asset Intermediate Maturity New York Municipals Fund
Western Asset Intermediate-Term Municipals Fund
Western Asset Managed Municipals Fund
Western Asset Massachusetts Municipals Fund
Western Asset Mortgage Backed Securities Fund
A-1
Western Asset Municipal High Income Fund
Western Asset New Jersey Municipals Fund
Western Asset New York Municipals Fund
Western Asset Oregon Municipals Fund
Western Asset Pennsylvania Municipals Fund
Western Asset Short Duration High Income Fund
Western Asset Short Duration Municipal Income Fund
Western Asset Short Term Yield Fund
Western Asset Short-Term Bond Fund
Western Asset Ultra Short Obligations Fund
▇▇▇▇ ▇▇▇▇▇ Partners Variable Equity Trust
ClearBridge Variable Aggressive Growth Portfolio
ClearBridge Variable Appreciation Portfolio
ClearBridge Variable Dividend Strategy Portfolio
ClearBridge Variable Large Cap Growth Portfolio
ClearBridge Variable Large Cap Value Portfolio
ClearBridge Variable Mid Cap Core Portfolio
ClearBridge Variable Small Cap Growth Portfolio
Permal Alternative Select VIT Portfolio
QS ▇▇▇▇ ▇▇▇▇▇ Dynamic Multi-Strategy VIT Portfolio
QS ▇▇▇▇ ▇▇▇▇▇ Variable Conservative Growth Portfolio
QS ▇▇▇▇ ▇▇▇▇▇ Variable Growth Portfolio
QS ▇▇▇▇ ▇▇▇▇▇ Variable Moderate Growth Portfolio
▇▇▇▇ ▇▇▇▇▇ Partners Variable Income Trust
Western Asset Variable Global High Yield Bond Portfolio
Western Asset Core Plus VIT Portfolio
▇▇▇▇ ▇▇▇▇▇ Partners Money Market Trust
Western Asset California Tax Free Money Market Fund
Western Asset Connecticut Municipal Money Market Fund
Western Asset Government Reserves
Western Asset Liquid Reserves
Western Asset New York Tax Free Money Market Fund
Western Asset Tax Free Reserves
Western Asset U.S. Treasury Reserves
Western Asset Prime Obligations Money Market Fund
▇▇▇▇ ▇▇▇▇▇ Partners Institutional Trust
Western Asset SMASh Series C Fund
Western Asset SMASh Series EC Fund
Western Asset SMASh Series M Fund
Western Asset SMASh Series TF Fund
Western Asset Institutional Cash Reserves
Western Asset Institutional Government Reserves
Western Asset Institutional Liquid Reserves
Western Asset Institutional Tax Free Reserves
Western Asset Institutional U.S. Treasury Obligations Money Market Fund
Western Asset Institutional U.S. Treasury Reserves
Western Asset Municipal High Income SMASh Fund
A-2
▇▇▇▇ ▇▇▇▇▇ Partners Premium Money Market Trust
Western Asset Premium Liquid Reserves
Western Asset Premium U.S. Treasury Reserves
Western Asset Premium Tax Free Reserves
Master Portfolio Trust
Government Portfolio
Liquid Reserves Portfolio
Municipal High Income Portfolio
Prime Cash Reserves Portfolio
Short Term Yield Portfolio
Tax Free Reserves Portfolio
Ultra Short Obligations Portfolio
U.S. Treasury Obligations Portfolio
U.S. Treasury Reserves Portfolio
ClearBridge American Energy MLP Fund Inc.
ClearBridge Energy MLP Fund Inc.
ClearBridge Energy MLP Opportunity Fund Inc.
ClearBridge Energy MLP Total Return Fund Inc.
▇▇▇▇ ▇▇▇▇▇ ▇▇ Global Income Opportunities Fund Inc.
LMP Capital and Income Fund Inc.
LMP Real Estate Income Fund Inc.
Western Asset Corporate Loan Fund Inc. (f/k/a LMP Corporate Loan Fund Inc. until April 1, 2016)
Western Asset Emerging Markets Debt Fund Inc.
Western Asset Emerging Markets Income Fund Inc.
Western Asset Global Corporate Defined Opportunity Fund Inc.
Western Asset Global High Income Fund Inc.
Western Asset Global Partners Income Fund Inc.
Western Asset High Income Fund II Inc.
Western Asset High Income Opportunity Fund Inc.
Western Asset High Yield Defined Opportunity Fund Inc.
Western Asset Intermediate Muni Fund Inc.
Western Asset Investment Grade Defined Opportunity Trust Inc.
Western Asset Managed High Income Fund Inc.
Western Asset Managed Municipals Fund Inc.
Western Asset Middle Market Debt Fund Inc.
Western Asset Middle Market Income Fund Inc.
Western Asset Mortgage Defined Opportunity Fund Inc.
Western Asset Municipal Defined Opportunity Trust Inc.
Western Asset Municipal High Income Fund Inc.
Western Asset Municipal Partners Fund Inc.
Western Asset Variable Rate Strategic Fund Inc.
Western Asset Worldwide Income Fund Inc.
▇▇▇▇ ▇▇▇▇▇ Global Asset Management Trust
QS Global Market Neutral Fund
QS Batterymarch Emerging Markets Fund
QS Batterymarch International Equity Fund
QS Batterymarch U.S. Small Capitalization Equity Fund
▇▇▇▇ ▇▇▇▇▇ ▇▇ Absolute Return Opportunities Fund
▇▇▇▇ ▇▇▇▇▇ ▇▇ Alternative Credit Fund
▇▇▇▇ ▇▇▇▇▇ ▇▇ Diversified Large Cap Value Fund
▇▇▇▇ ▇▇▇▇▇ ▇▇ Dynamic Large Cap Value Fund
A-3
▇▇▇▇ ▇▇▇▇▇ ▇▇ Global Flexible Income Fund
▇▇▇▇ ▇▇▇▇▇ ▇▇ Global High Yield Fund
▇▇▇▇ ▇▇▇▇▇ ▇▇ Global Macro Fund
▇▇▇▇ ▇▇▇▇▇ ▇▇ Global Opportunities Bond Fund
▇▇▇▇ ▇▇▇▇▇ ▇▇ International Opportunities Bond Fund
ClearBridge Global Growth Fund
ClearBridge Small Cap Fund
ClearBridge Value Trust
QS ▇▇▇▇ ▇▇▇▇▇ Strategic Real Return Fund
▇▇▇▇▇▇ Income Opportunity Trust
▇▇▇▇▇▇ ▇▇▇▇▇▇ Emerging Markets Fund
▇▇▇▇▇▇ ▇▇▇▇▇▇ International Unconstrained Equity Fund
RARE Global Infrastructure Value Fund
▇▇▇▇ ▇▇▇▇▇ Global Asset Management Variable Trust
▇▇▇▇ ▇▇▇▇▇ ▇▇ Absolute Return Opportunities VIT Portfolio
▇▇▇▇ ▇▇▇▇▇ Investment Trust
▇▇▇▇ ▇▇▇▇▇ Opportunity Trust
▇▇▇▇ ▇▇▇▇▇ Funds Trust
ClearBridge Real Estate Opportunities Fund
Western Asset Funds, Inc.
Western Asset Core Bond Fund
Western Asset Core Plus Bond Fund
Western Asset Global Government Bond Fund
Western Asset High Yield Fund
Western Asset Inflation Indexed Plus Bond Fund
Western Asset Intermediate Bond Fund
Western Asset Global Government Bond Fund
Western Asset Total Return Unconstrained Fund
Western Asset Macro Opportunities Fund
Western Asset Income Fund
Western Asset/Claymore U.S. Inflation Protected Securities Fund
Western Asset/Claymore U.S. Inflation Protected Securities Fund 2
Western Asset Premier Bond Fund
Alternative Select Fund Ltd.
Alternative Select VIT Portfolio, Ltd.
Real Return Fund, Ltd.
Alternative Core Fund, Ltd.
LM BW Global Macro Fund Ltd.
A-4